Banks Waiting on Filing Nearly 30,000 New Jersey Foreclosures

``According to an article by Sarah Portlock from the Newark Star-Ledger this morning, foreclosures are down 86 percent this year, but major lenders are holding off on 28,500 foreclosures. Another 55,000 homeowners are seriously delinquent on their mortgages (more than 90 days delinquent). There were more than 65,000 foreclosures in New Jersey in 2010.''